you can find good deals at wholesalers and then resell them, earning a little each

time. It’s a tried and tested business model and you don’t need any special skills to

be able to do it. It helps if you purchase items for your little shop that you’re interested

in, that way you have an understanding of the products you’re selling. For example,

if you’re interested in makeup you can find discount cosmetics and you’ll know the

best ones to pick that others are most likely to buy.

Make smart investments

Once you’ve managed to save some money through your improved career, side hustle and better budgeting, it’s worth putting that money to work. Instead of it sitting in a savings account, do some financial services research and find an advisor who can make the most of it for you. This will earn you passive income, essentially ‘money while you sleep’ which is a good long term strategy. Whether you want to cash it out in a few years and use towards a mortgage deposit or you want to retire early, it’s something to look into.

Thursday, February 7, 2019

How many things have you checked off your bucket list? Two, three, or even five? Any more than that and you are doing well, although you have probably come across the issue of finding enough money to pay for them. After all, most things on a bucket list aren't going to be cheap or local, or you would have done them already. Happily, there are some methods you can use to save up the money you need to complete your entire list. Just read the post below to find out what they are.

Cut down on unnecessary luxuries

One simple and easy way to start growing your bucket list fund is to stop buying those little

luxuries that soon add up. I'm talking about cutting down on those cups of coffee from takeaway

outlets, magazines, and even buying lunch at work.

Yes, at first it may seem difficult to do, but when you look back on your life would you rather

have the memory of doing some amazing and once in a lifetime things or the memory of a few

coffees and magazines to keep you warm? I know which one I'd rather have!

Combine your bucket list and retirement

Next, don't forget that your bucket list will always be a work in progress and you don't have to

get everything done straight away. In fact, many people like to start planning their bucket list

now, so they have something to look forward to in their retirement.

The advantage of doing it this way also means that you have longer to accrue the finance

you need to pay for all the adventures you bucket list holds. You can even get some

financial advice from a professional to help you with this. Something that can enable you

to maximize your savings, income, and investments, so you can pay for your bucket list later

on.

Prioritize your spending

Next, if you are looking to tick off some of these bucket list experience sooner rather than

later, you may just need to prioritize your current spending patterns. I'm not talking about

the smaller things like coffee and magazines here, but instead entirely putting experiences

before anything else.

What this means is that you may choose to travel the world above buying a house and getting

a mortgage or even getting a car. Yes, this may seem odd to some people that are all about

physical possessions, but the critical point here is that your life. Therefore it is yours to do

with what you will, and if that means putting experience before things will make you happy,

you should go for it!

Earn some extra

Finally, if you would rather take the middle road and experience some fantastic bucket list

adventures, but also maintain a stable and more normal living situation, then setting up a side

hustle to bring in some extra money may be the solution you are looking for.

Happily, there are great many to choose from, some of which you can find out more

about here, and that can even be fun in their own right. So what are you waiting for? Why

not start taking action that will pay for your bucket list adventures today?

you have to spend. Be smart about this and be sure that you are aware of your

financial state each day.

Watch out for charges

As you look through your bank statement, now and again you might see a charge

you don’t recognise or something which you don’t recall you have been paying for.

If this is ever the case you need to look up the company to see if you know them,

and if you don’t, you should contact your bank immediately to stop the payments

and get in contact with the company. A lot of the time it can be a mix up, but now

and again it can be a scam which takes money away from you without you knowing

it.

Budget for food

Budgeting most of your life is hard enough, but food can be the hardest thing to

try and control, especially if you have a family to feed each and every day. Make

sure that you take the time this month to be smarter with your food shop and

choose cheap meals over expensive ones. There are loads of big batch meals

you can cook worthless ingredients which will last your family for a few days and

save you a lot of money.

Pay a debt

If you have a few debts which you need to pay off, it is now the perfect time for

you to do this. Pay off whichever is your biggest debt first and take your time to

do this. Once the biggest debt is out of the way you can start working your way

down and bring yourself back to financial stability once more.

Skip coffee

Starbucks and Costa coffee are amazing when we need a fix and it is cold outside, but they are expensive and they can really burn a hole in your pocket if you have them each day. Be sure that you make your own coffee at home for work and this will make all the difference.